Got $1,000? 3 Buffett Stocks to Buy Now and Hold Forever
Investors from all walks of life idolize Warren Buffett for his stock-picking prowess. Buffett started investing in stocks when he was only 11, but he didn't become a billionaire until age 56, and there's been no looking back since. Buffett's net worth right now is around $97 billion.
Buffett has shown how investing in stocks for the long term can generate life-changing wealth. His company, Berkshire Hathaway, owns more than 50 stocks, most of which were first purchased several years ago. You too can build wealth if you start early, and buy and hold high-conviction stocks. Here are three such rock-solid Buffett stocks you can buy for as little as $1,000 and hold forever.
First up is Johnson & Johnson (NYSE: JNJ). Buffett hasn't traded or spoken much about J&J over the years, but the fact that he first bought the healthcare stock almost 16 years ago and continues to own it bespeaks his conviction in the healthcare giant.
Source Fool.com
